Basic data of broker
Recommended for Investors and traders looking for solid research and a great mobile trading platform
Best IRA broker
Recommended for Affluent investors who value safety and are OK with higher fees
USA
Switzerland
Fees
Low trading and non-trading fees, high fund fees
High trading fees, average non-trading fees, low fund fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
22
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: SSN and national ID / passport / driver's license
Proof of identity: national ID / passport Proof of residency: ID with legal address / utility, internet, phone bill / tax bill / official certificate of residence
Trading platform
Markets and products
Disclaimer: 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Great
Great
Customer service
Security
$500k (securities up to $500k, cash up to $250k)
CHF 100k for cash at the Swiss entity, £85k at the UK entity, HKD 500k at Hong Kong entity, none at other entities
$500k (securities up to $500k, cash up to $250k)
CHF 100k for cash at the Swiss entity. Check the description to see all protection.
1982
1996
USA
Switzerland, Luxembourg UK, UAE, Hong Kong, Singapore, Malta
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
E*TRADE's service is on par with Swissquote's and a comparison of their fees shows that E*TRADE's fees are lower than Swissquote's.
Account opening takes about the same effort at E*TRADE compared to Swissquote, deposit and withdrawal processes are more complicated at E*TRADE, while customer service quality is considerably lower than Swissquote's.
Our experts rated the trading platform of E*TRADE as being of the same quality as the platform of Swissquote, found that clients have access to less markets and products with E*TRADE, while Swissquote provides less useful research and education.